Form 4: Eastern Co. Director Charles W. Henry Reports Share Transactions

Director Charles W. Henry of Eastern Co. reported the sale of 200 shares and the acquisition of 638 shares, along with holdings in two trusts.

Summary

• Charles W. Henry, a director at Eastern Co., reported a transaction on December 13, 2024, where 200 common shares were disposed of at a price of $29 per share.
• On December 16, 2024, Mr. Henry acquired 638 common shares at a price of $28.99 per share.
• Following these transactions, Mr. Henry directly owns 74,629 common shares.
• Mr. Henry also has indirect ownership of 1,000 common shares through the Donald W. Henry Trust and 1,000 common shares through the Jean V.S. Henry Trust, where he serves as the beneficiary and trustee for both.
• The 638 shares were acquired under The Eastern Company Director's Fee Program.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of insider trading activity, which is neither positive nor negative in itself.

Industry Context

This is a standard SEC Form 4 filing, which is common for company insiders reporting changes in their beneficial ownership of company stock. It is a routine disclosure and does not indicate any specific trend in the industry.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for all publicly traded companies in the US.
• The transactions reported are typical for directors who may receive shares as part of their compensation or make personal investment decisions.
• The reported transactions are within the normal range of insider trading activity.

Stakeholder Impact

• The transactions may have a minor impact on the stock price, but are unlikely to be significant.

Key Dates

Keywords

insider trading, share transactions, beneficial ownership, director, Eastern Co., EML